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KLC

KinderCare Learning Companies, Inc.

KLC

KinderCare Learning Companies, Inc. • NYSE
$3.98 ▲ 2.58% (+0.10)
Market Cap $470.84 M
52w High $24.71
52w Low $3.61
Dividend Yield 0%
P/E -5.1
Volume 455.92K
Outstanding Shares 118.30M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $676.83M ▼ $107.371M ▼ $4.55M ▼ 0.672% ▼ $0.04 ▼ $61.319M ▼
Q2-2025 $700.11M ▲ $111.957M ▲ $38.588M ▲ 5.512% ▲ $0.326 ▲ $104.223M ▲
Q1-2025 $668.244M ▲ $103.214M ▼ $21.157M ▲ 3.166% ▲ $0.179 ▲ $79.08M ▲
Q4-2024 $646.956M ▼ $222.523M ▲ $-133.583M ▼ -20.648% ▼ $-1.17 ▼ $-56.901M ▼
Q3-2024 $671.476M $96.008M $13.959M 2.079% $0.118 $87.213M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $174.733M ▲ $3.883B ▲ $2.952B ▲ $931.209M ▲
Q2-2025 $119.034M ▼ $3.791B ▲ $2.866B ▲ $924.279M ▲
Q1-2025 $131.294M ▲ $3.718B ▲ $2.833B ▲ $884.883M ▲
Q4-2024 $62.336M ▼ $3.645B ▼ $2.781B ▼ $864.509M ▲
Q3-2024 $137.24M $3.722B $3.487B $235.575M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $4.55M ▼ $100.792M ▲ $-42.233M ▲ $-2.86M ▲ $55.699M ▲ $62.602M ▲
Q2-2025 $38.588M ▲ $35.046M ▼ $-43.802M ▼ $-3.504M ▼ $-12.26M ▼ $671K ▼
Q1-2025 $21.157M ▲ $98.444M ▲ $-28.388M ▲ $-1.097M ▼ $68.959M ▲ $75.084M ▲
Q4-2024 $-133.583M ▼ $-40.849M ▼ $-38.536M ▲ $4.481M ▲ $-74.904M ▼ $-78.557M ▼
Q3-2024 $13.959M $86.683M $-42.902M $-2.25M $41.531M $45.025M

Five-Year Company Overview

Income Statement

Income Statement KinderCare has grown its revenue steadily over the past several years, showing that demand for its childcare and education services is healthy. However, while sales have climbed, profitability has been choppier. Margins improved meaningfully coming out of the pandemic but have narrowed again more recently, with higher costs pushing the company back into a small loss in the latest year. This suggests the core business model works, but is sensitive to wages, occupancy, and other operating costs, leaving relatively thin room for error.

Balance Sheet

Balance Sheet The balance sheet shows a business with substantial assets tied up in centers, facilities, and long-term operations. Debt remains high relative to the company’s size, although leverage has gradually improved as equity has built up over time. Cash on hand looks modest, which limits financial flexibility and makes KinderCare more dependent on stable day‑to‑day cash generation. Overall, the company appears asset‑rich but still quite leveraged, so balance sheet strength is better than it was, but not yet a clear comfort zone.

Cash Flow

Cash Flow KinderCare consistently generates cash from its operations, which is a key strength for a service-heavy business. After funding the upkeep and expansion of its centers, free cash flow has generally been positive, though it dipped slightly negative most recently as operating cash flows softened while investment stayed steady. This pattern suggests the business can usually fund its own growth, but does not have a large cash cushion and can feel pressure when margins tighten. Cash flow discipline and cost control will be important to keep the current investment pace sustainable.

Competitive Edge

Competitive Edge KinderCare holds a strong position as one of the largest private early childhood education providers in the United States, with a broad national footprint. Its long-standing brand, emphasis on safety and quality, and deeply developed curriculum provide meaningful trust with parents, which is hard for smaller or newer operators to match. A major advantage is its employer-sponsored childcare business, where corporate partnerships create more stable, contract-based demand and deeper relationships with large organizations. The multi-brand approach, from mainstream centers to premium offerings and school-based programs, broadens its reach and helps defend against regional competitors, though the company still faces ongoing pressure from local providers and regulatory and labor cost challenges.

Innovation and R&D

Innovation and R&D KinderCare’s innovation is less about cutting-edge technology and more about continuously refining its curriculum, parent experience, and service model. Its proprietary Early Foundations curriculum, updated based on educational research, is a central differentiator and an important part of its value proposition to both parents and employers. The company’s mobile app strengthens daily communication and transparency, which is increasingly expected by families and can build loyalty. On the R&D side, investments appear focused on enhancing digital tools, STEM-oriented learning, operational efficiency, and customized employer solutions rather than on traditional lab-style research. The pace and impact of these innovations will matter for maintaining pricing power and occupancy in a crowded market.

Summary

KinderCare combines strong revenue growth and a powerful competitive position in U.S. childcare with a more mixed picture on profitability and financial resilience. The company benefits from scale, a trusted brand, and deep relationships with employers, all supported by a proprietary curriculum and improving digital tools. At the same time, rising costs, relatively high debt, and a limited cash buffer introduce risk if operating conditions weaken or if wage and regulatory pressures intensify. The overall story is of a leading provider in a structurally important industry that appears to have solid demand drivers, but must execute carefully on cost management, innovation, and balance sheet discipline to fully translate its position into consistently strong financial results.

NEWS

November 19, 2025 · 8:05 AM UTC

Holiday Help for Parents is Here: KinderCare Learning Centers Offers a Free Day of Care

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November 12, 2025 · 4:15 PM UTC

KinderCare Reports Third Quarter 2025 Financial Results

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November 10, 2025 · 8:00 AM UTC

KinderCare Announces Lindsay Sorhondo as New COO to Lead Next Phase of Growth

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November 5, 2025 · 2:36 PM UTC

Berger Montague PC Investigates KinderCare Learning Companies, Inc.'s Board of Directors for Breach of Fiduciary Duties (NYSE: KLC)

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October 30, 2025 · 2:22 PM UTC

Berger Montague PC Investigates KinderCare Learning Companies, Inc.'s Board of Directors for Breach of Fiduciary Duties (NYSE: KLC)

Read more